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Page 1: A Liebherr support crane - Vertikal.net · 200t/m14921200 1550 1800 300t/m19291600 2207 2313 Luffers Average Lowest Highest ideal Less than 70t/m 1132 913 1450 1183 100t/m17461500

A Liebherr support crane

Page 2: A Liebherr support crane - Vertikal.net · 200t/m14921200 1550 1800 300t/m19291600 2207 2313 Luffers Average Lowest Highest ideal Less than 70t/m 1132 913 1450 1183 100t/m17461500

2018 rental rate surveyc&a

Crane ratesCrane hire rate trends - all types

Crane fleet size

crane hire rates over the past 12 months have:

crane fleet size over the past 12 months have:

0% decreased

(0%)

0% decreased

(10%)

(2017 results)

(2017 results)

0% decrease

(0%)

crane hire rates over the next 12 months will:

crane fleet size over the next 12 months will:

Most respondents last year - 78 percent - predicted that rates would be flat and sure enough more than 90 percent of companies surveyed have reported a rate stagnation. However, looking at the detail from those same respondents reveal that some models - such as smaller All Terrains - have seen rates dip while rates for larger cranes have improved. You will note that we have tweaked the size breaks this year in order to provide a clearer picture which makes it difficult to directly compare some categories.

Looking forward, a greater number of companies are more upbeat for 2019, but the general consensus is for another year of flat rates. Given that most have recovered in recent years this is not as bad as it might seem.

The positive attitude is reflected in the fact that 60 percent of crane hire companies expanded their fleets in 2018 - up from 50 percent last year - while the rest maintained their fleets at last year’s levels with no-one admitting to any reductions this time round. All were fairly close to last year’s forecasts.

Looking forward, more companies plan to maintain the status quo in 2019, although a healthy number - 45 percent - expect further expansion, much the same as last year in spite of higher costs relating to a shift in exchange rates and material related price increases.

increasedStayed the sameDecreased

60% (50%)

45% (44%)

91% (80%)

9% (20%)

64% (78%)

40% (40%)

27% (22%)

55% (56%)

crane size - operated Average Lowest Highest ideal

Up to 50 tonnes 1950 1500 2400 3000

50 to 60 tonnes 1295 1000 2600 3500

70 to 80 tonnes 2021 1750 3200 6500

90 to 100 tonnes 2266 2100 3500 5750

120 to 150 tonnes 2,822 2200 4000 6004

180 to 250 tonnes 4,989 4000 5,500 6000

Over 250 tonnes No input

Weekly rates for crawler cranes

crane size Average Lowest Highest ideal

Under 30 tonnes 573 450 750 593

30 to 45 tonnes 471 400 560 516

50 to 65 tonnes 554 490 610 630

70 to 90 tonnes 973 800 1340 1043

100 to 120 tonnes 1217 960 1550 1225

130 to 160 tonnes 1492 1200 1800 1450

160 to 200 tonnes 1543 1350 2000 1725

210 to 250 tonnes 1,826 1500 2750 2075

260 to 350 tonnes 1,971 1450 3000 2500

360 to 490 tonnes 2,650 2250 3150 2962

500 to 600 tonnes 7,083 6500 7500 8000

610 to 750 tonnes No input

Over 750 tonnes No input

Self-Erecting Tower 1,566 1400 1800 1750 (4 to 5 axles)

Self-Erecting Tower 1900 1800 2000 1956 (6 to 7 axles)

up down same new category

Crane rental ratesDaily rates for mobile cranes

From last year rates have gone

This year has been one of mixed fortunes, perhaps best described as ‘fragile stability’. Rental rates have been up and down depending on product type, size and time of the year. With uncertainty growing by the day, private investment has tumbled, offset to some extent by a strong rise in infrastructure spending and refurbishment. fortunately this has generally kept all three equipment sectors that we cover busy. The feeling for 2019 is surprisingly optimistic, well maybe tentatively optimistic, but optimistic all the same. This is the 18th year of the survey with all the previous results still available to view in the online library at www.vertikal.net.

A mixed bag

25December/January 2019 cranes & access

9% (0%)

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26 cranes & access December/January 2019

Weekly rates for tower cranesflat tops and saddle jibs Average Lowest Highest ideal

Less than 70t/m 708 650 775 744

120t/m 908 890 930 991

200t/m 1492 1200 1800 1550

300t/m 1929 1600 2313 2207

Luffers Average Lowest Highest ideal

Less than 70t/m 1132 913 1450 1183

100t/m 1746 1500 2000 1825

180t/m 2,529 2200 2813 2605

300t/m 3632 3000 4625 3,822

Self erectors Average Lowest Highest ideal

Self Erectors 625 350 794 661

2018 rental rate survey c&a

What percentage of your jobs are contract lifts?

contract lifts Pure crane hire

18% (28%)

82% (72%)

crane size Average Lowest Highest ideal

Pick & Carry <2.5t 400 350 450 600

Pick & Carry 3 - 5t 580 500 650 700

Pick & Carry 5.5 - 10t 722 650 800 800

Pick & Carry >10t 978 800 1100 1210

Mini crawlers - up to 12t 897 740 1100 966

Spider cranes up to 1t 823 550 1000 800

Spider cranes 2 - 5t 1,200 800 2000 1500

Spider cranes >5t 1,301 1100 1800 1750

up down same new category

Crane rental rates

Other cranes

Weekly rates of other cranes

utilisation Avg. weekly rate as % of initial cost Average Lowest Highest

Self Erectors 75% 75% 75% -

Utilisation and percentage of initial costMobile cranes

utilisation Avg. weekly rate as % of initial cost Average Lowest Highest

Under 30 tonnes 77% 50% 90% 0.4% 30 to 45 tonnes 83% 70% 95% 0.8% 50 to 65 tonnes 84% 70% 90% 0.9% 70 to 90 tonnes 82% 75% 90% 0.5% 100 to 120 tonnes 78% 75% 85% 0.4% 130 to 160 tonnes 72% 70% 75% 0.6% 160 to 200 tonnes 70% 60% 80% 0.5% 210 to 250 tonnes 66% 60% 70% 0.5% 260 to 350 tonnes 72% 65% 75% 0.7% 360 to 490 tonnes 67% 60% 70% 0.6% 500 to 600 tonnes 73% 70% 80% 0.8% 610 to 750 tonnes - - - -Over 750 tonnes - - - -Self-Erecting Tower 82% 70% 90% 0.9% (4 to 5 axles)Self-Erecting Tower 84% 75% 90% 0.8% (6 to 7 axles)

crane size

Crawler cranesutilisation Avg. weekly rate

as % of initial cost Average Lowest Highest Up to 50 tonnes 72% 55% 75% 0.8% 50 to 60 tonnes 72% 70% 75% 0.7% 70 to 80 tonnes 49% 10% 60% 0.5% 90 to 100 tonnes 77% 70% 90% 0.6% 120 to 150 tonnes 71% 60% 85% 0.3% 180 to 250 tonnes 73% 70% 75% 0.3%

crane size

Tower cranesutilisation Avg. weekly rate

as % of initial cost Average Lowest Highest

Less than 70t/m 70% 65% 75% 0.5%

120t/m 100% 100% 100% -

200t/m 91% 91% 91% -

300t/m 70% 70% 70% -

flat tops and saddle jibs

utilisation Avg. weekly rate as % of initial cost Average Lowest Highest

Less than 70t/m 50% 50% 50% -

100t/m 96% 96% 96% -

180t/m 100% 100% 100% -

300t/m 80% 80% 80% -

Luffers

utilisation Avg. weekly rate as % of initial cost Average Lowest Highest

Pick & Carry under 2.5t 65% 60% 70% 0.9% Pick & Carry 3 - 5t 67% 60% 75% 0.8% Pick & Carry 5.5 - 10t 65% 60% 70% 0.7% Pick & Carry over 10t 72% 70% 75% 0.8% Mini crawlers up to 12t 59% 50% 65% 0.7%Spider cranes up to 1t 60% 50% 70% 1.5% Spider cranes 2 - 5t 63% 50% 75% 1.5% Spider cranes over 5t 65% 55% 75% 1%

crane type

Self erectors

From last year rates have gone

Would you recommend the crane hire industry to your children?

(2017 results)

(2017 results)

While the vast majority of crane company owners and managers are positive about the industry, not as many would recommend the industry as last year, possibly a feature of the ongoing uncertainty brought on by Brexit?

Oddly the number of jobs that are carried out as contract lifts has fallen from 28 to 18 percent, quite the opposite of what you might expect. This might be related to the fact that many crane companies have added smaller models, such as the Kato City cranes which do tend to go out on regular Crane Hire terms. The variance though also falls within the margin for error.

Yes no

80% (88%)

20% (12%)

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The JLG 530LRT

2018 rental rate surveyc&aDo you employ any female crane operators?

What % of your operators have a training certification?

Who does your Loler Thorough Examinations?

(2017 results)

(2017esults)

The encouraging shift towards third party inspections continues with a new record achieved this year at 85 percent. This is up from 82 percent last year and 71 percent in 2016.

A slightly smaller percentage of companies reported that they employed female operators, although anecdotally the number has not changed and might have marginally improved. The fact is that the industry does a rubbish job at recruiting women, even though experience shows that they are more diligent and given the national shortage of operators.

Third party

Yes

in house

no

Yes no

4% (5%)

4%

15% (18%)

Should cranes be subject to MOT’s?

(2017 results)

This one jumps all over the place and is driven to some extent by what is happening in the real world. With the voluntary CPA programme underway the number has bounced back and is close to its peak in 2015 when 72 percent were in favour.

Yes no

70% (50%)

30% (50%)

96% (95%)

96%

85% (82%)

What percentage of your operators are?

A slight shift towards freelance operators, possibly linked to a higher number of respondents.

(2017 results)

employed freelance

85% (88%)

15% (12%)

Crane respondent’s comments

“I’m glad we’re out of the small end of the tower crane market when I look at some of the rates and I certainly have no intention of buying any self-erectors either.”

“The rates in the UK are way too low, if you compare our crane hire and operator rates to the rest of Europe we are a laughing stock, there’s a few companies out there that you pretty much hire an operator and get a free crane.”

“Oaktree Capital thought they could professionalise the British crane hire market and outdo the locals. They must wish by now that they had spent their money on an easier industry? Ainscough used to lead by example now it seems to have gone the way of British Airways - fighting battles with its workers in public. How come the big Dutch companies don’t have this problem?”

“Still too many busy fools in the business and no sign of it changing.”

Average fleet age in yearsThe move towards younger fleets and the elimination of 10 year old and more cranes has continued but is likely to stay at this level in 2019.

Average Lowest Highest

6 (7) 4 (4) 10 (10)

27December/January 2019 cranes & access

“It has been a half decent year, although the returns are still bonkers and make no sense, you can make a decent living if you are smart and can squeeze those extra jobs in and also get in a decent number of contract lifts - as long as you have someone who can manage them well.”

“MOT’s are a good idea to maintain road worthiness of the cranes but the hire rates must reflect the fact that it has simply become more expensive to run and maintain modern equipment. The “rates” debate has lingered on for years and still seems to be customer driven, competitive pricing is inevitable, and healthy to a point, but giving away services at low costs to win work just allows the embers of low rates to smoulder on and on. No doubt we have all done and will continue to do the “one lift” deal but in the main, in my opinion, the rates for cranes up to say 200 tonne capacity should all move up one i.e. 40 tonne cranes should command 50 tonne rates, 50 tonners to 60-70 tonne rates, 80 tonners to 100 tonne rates and so on. Not so straightforward for the heavy crane market I suspect, but surely not too tricky to implement in the main.”

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Page 6: A Liebherr support crane - Vertikal.net · 200t/m14921200 1550 1800 300t/m19291600 2207 2313 Luffers Average Lowest Highest ideal Less than 70t/m 1132 913 1450 1183 100t/m17461500

29December/January 2019 cranes & access

2018 rental rate surveyc&aPowered Access ratesRate trends

Access rates over the past 12 months have:

(2017 results)

Access rates during the next 12 months will:

This year’s results are certainly a good deal gloomier than they were 12 months ago, with a sharp drop in respondents reporting rate improvements and almost a third reporting a fall in rental rates compared to zero last year. However more than 40 percent said they had remained the same which is not quite born out by the actual rates. The outlook for this year though is not all doom and gloom, with more than 40 percent expecting an upturn in rates, with the same number thinking they will remain the same. However while none of respondents last year predicted that rates would fall, this year 14 percent believe there will be a further decline.

29% (37%) 43%

(31%)

42% (63%)

43% (69%)

Fleet trendsfleet size over the

past 12 months have:

(2017 results)

0% decrease

(0%)

fleet size over the next 12 months will:

Interestingly half the companies that had planned to increase their fleets in 2018 did not do so, with almost two thirds maintaining the status quo, while 29 percent actually reduced their fleets, possibly helped along by a weak pound making used machines more valuable and new ones more expensive at a time when utilisation was slipping. Our respondents are unanimous when it comes to further fleet reductions with no one planning to slim down. Instead they are split between expanding again or simply maintaining their current fleet size.

42% (88%)

43% (90%)

29% (12%)

29% (0%)

57% (10%)

Decreased Stayed the same increased

Rough Terrain articulated boomsPlatform Height Average Lowest Highest ideal

12-14 metres (39-46ft) 209 185 220 303

15-16 metres (49-52ft) 254 220 300 345

17-19 metres (56-63ft) 282 265 320 397

20-23 metres (65-70ft) 358 330 410 467

24-26 metres (80-86ft) 566 539 650 685

Over 27 metres 1,400 600 1,500 1,651

Straight telescopic boomsPlatform Height Average Lowest Highest ideal

Under 17 metres (40-46ft) 285 220 350 412

20-23 metres (60-70ft) 363 320 400 450

24-26 metres (80-86ft) 542 530 550 625

Over 27 metres (90ft) 1,735 1,200 2,250 2,943

Diesel/bi-energy scissor liftsPlatform Height Average Lowest Highest ideal

8 metres (26ft) 151 135 190 250

9-10 metres (30-33ft) 163 140 190 221

11-12 metres (36-42ft) 192 150 230 296

13-17 metres (43-56ft) 236 210 260 350

17-22 metres (57-72ft) 471 250 650 743

Over 22 metres (72ft) 942 780 1,100 1200

Electric self-propelled booms

Platform Height Average Lowest Highest ideal

Under 11 metres 238 195 270 300

10-12.5 metres (32-40ft) 234 210 284 283

14 -15 metres (45 -51ft) 275 250 315 371

Over 16 metre (56ft) 476 350 800 903

29% (0%)

14% (0%)

up down same new category

Weekly rental rates by general categoryElectric self-propelled scissor liftsPlatform Height Average Lowest Highest ideal

Under 5 metres 83 72 96 105

6 metres (19/20ft) 99 80 120 143

8 metres (26ft) 110 80 127 153

9-10 metres (30-33ft) 123 85 150 170

11-12 metres (36-40ft) 154 99 220 240

13-17 metres (41-55ft) 310 200 442 445

17-22 metres (55-72ft) 566 525 626 950

22-25 metres (72-82ft) 725 650 800 1000

Over 26 metres (85ft) No Input

From last year rates have gone

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2018 rental rate survey c&a

Utilisation and percentage of initial cost Electric self-propelled scissor lifts

utilisation Average rate as % of initial cost Average Lowest Highest

Push Arounds 68% 65% 75% 1.9%

Portable 70% 60% 86% 1.6%

Platform Height

Push around scissor lifts

RT articulated booms

utilisation Average rate as % of initial cost Average Lowest Highest

Under 5 metres 74% 70% 90% 1.0% 6 metres (19/20ft) 74% 69% 82% 1.2% 8 metres (26ft) 75% 70% 85% 0.8% 9-10 metres (30-33ft) 70% 64% 80% 0.9% 11-12 metres (36-39ft) 69% 68% 75% 0.5% 13-17 metres (42-55ft) 72% 65% 75% 0.7% 17-22 metres 55% 45% 65% 0.7% 22-25 metres (72-82ft) 73% 68% 80% 0.8% Over 26 metres (85ft) - - - -

Platform Height

Diesel bi-energy scissor liftsutilisation Average rate as

% of initial cost Average Lowest Highest

8 metres (26ft) 75% 75% 75% 0.6%

9-10 metres (30-33ft) 75% 75% 75% 0.6%

11-12 metres (36-42ft) 63% 50% 75% 0.5%

13-17 metres (43-56ft) 68% 60% 75% 0.5%

17-22 metres (55-72ft) 61% 55% 70% 0.7%

Over 22 Metres (72ft) 77% 70% 85% 0.7%

Platform Height

utilisation Average rate as % of initial cost Average Lowest Highest

12-14 metres (39-45ft - - - -

15-16 metres (49-52ft) 78% 75% 80% 0.7%

17-19 metres (56-62ft) 79% 70% 85% 0.6%

20-23 metres (65-70ft) 72% 60% 80% 0.6%

24-26 metres (80-86ft) 78% 70% 88% 0.6%

Over 27 metres 74% 65% 86% 0.7%

Platform Height

Electric self-propelled boomsutilisation Average rate as

% of initial cost Average Lowest Highest

Under 11 metres 72% 63% 80% 0.5%

10-12 metres (32-40ft) 62% 59% 65% 0.8%

Over 14 metre (45ft plus) 79% 67% 90% 0.9%

Platform Height

Working Height Average Lowest Highest ideal

12-13 metres (30-38ft) 189 160 275 244

17 metres (50ft) 198 185 250 350

Over 20 metres 325 320 330 416

Trailer lifts

up down same new category

Weekly rental rates by general category (continued) From last year rates have gone

utilisation Average rate as % of initial cost Average Lowest Highest

Under 17 metres (40-46ft) 57% 45% 70% 0.5%

20-23 metres (60-70ft) 67% 60% 75% 0.5%

24-26 metres (80-86ft) 72% 69% 75% 0.6%

Over 27 metres (90ft) 70% 65% 85% 0.7%

Platform Height

Straight telescopic booms

30 cranes & access December/January 2019

Mast boomsWorking Height Average Lowest Highest ideal

8 metres 122 85 150 200

10 metres 226 200 248 268

12 metres 232 225 240 300

Spider liftsWorking Height Average Lowest Highest ideal

Up to 15 metres 414 400 425 525

16-20 metres 603 360 950 607

20-26 metres 832 500 1600 1750

28-30 metres 1050 600 1500 1997

30-35 metres 1416 700 2200 2248

Over 35 metres 1,371 800 3000 3467

Truck mounts - Daily rates

Working Height Average Lowest Highest ideal

<25m (3.5 t) no operator 175 160 195 225

22-35m with operator 418 405 495 612

36-45 metres 788 750 850 950

46-60 metres 887 629 1250 1148

60 - 70 metres 1475 1450 1500 1700

Over 70 metres 1762 1450 2450 2750

Van mounts - Weekly rates

Working Height Average Lowest Highest ideal

Up to 13 metres 344 295 450 371

13 to 15 metres 346 325 400 482

Over 15 metres 575 550 600 733

Push around liftsWorking Height Average Lowest Highest ideal

Push Arounds 54 40 75 79

Portable 91 36 120 119

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31December/January 2019 cranes & access

utilisation Average rate as % of initial cost Average Lowest Highest

8 metres 70% 50% 90% 0.8%

10 metres 72% 65% 85% 1.0%

12 metres 67% 65% 70% 0.7%

Working Height

Mast booms

2018 rental rate surveyc&a

Spider lifts

Van mounts

Would you recommend the access industry to your children?

Do you offer IPAF training?

A surprising further sharp drop in the number of respondents that would recommend the industry to their children is worrying and probably reflects the fact that it has been a tough year for many. Not a good sign at all.

This is the first time we have asked the question, with two thirds of respondents confirming that they offer IPAF certified training.

Yes no

55% (79%)

45% (21%)

Yes no

33%

67%

(2017 results)

Who does your LOLER Thorough Examinations?

Third party in house

76% (68%)

24% (32%)

(2017 results)

This year our feedback suggests that there has been a further move away from third party Thorough Examinations with more than three quarters of respondents now doing inspections in house.

With the majority of companies this year maintaining fleet size it is not surprising that the average age of fleets has increased to four years, returning to 2016 levels. We did wonder last year if some respondents had ‘been wearing rose tinted glasses when submitting their returns’ and perhaps this result simply reflect that they have taken them off?

Average fleet age in years Average Lowest Highest

4 (3.3) 2 (1) 6 (5)

utilisation

utilisation

Average rate as % of initial cost

Average rate as % of initial cost

Average Lowest Highest

UUp to 15 metres 64% 35% 70% 1.0%

16-20 metres 68% 40% 87% 0.9%

20-26 metres 76% 65% 94% 1.8%

28-30 metres 77% 55% 96% 1.2%

30-35 metres 83% 80% 92% 1.1%

Over 35 metres 58% 50% 65% 1.6%

Average Lowest Highest

Up to 13 metres 63% 40% 80% 0.7%

13 to 15 metres 58% 35% 75% 0.9%

Over 15 metres 75% 65% 85% 1.0%

Working Height

Truck mountsutilisation Average rate as

% of initial cost Average Lowest Highest

<25m (3.5 t) no operator 76% 65% 100% 1.3%

22-35m with operator 73% 45% 85% 0.9%

36-45m with operator 78% 70% 90% 1.1%

46-60m with operator 63% 40% 85% 0.7%

60-70m with operator 66% 60% 75% 1.4%

Over 70m with operator 78% 60% 90% 1.3%

Working Height

Trailer liftsutilisation Average rate as

% of initial cost Average Lowest Highest

12-13 metres (30-38ft) 52% 30% 88% 1.3%

17 metres (50ft) 62% 55% 70% 1.1%

Over 20 metres 57% 40% 75% 0.9%

Working Height

Working Height

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loader cranes

Access respondent’s comments

2018 rental rate survey c&a

32 cranes & access December/January 2019

“Rental rates in this segment of the access market are pathetic, big companies trying to wreck the business by quoting rates less than they were 30 years ago when mastclimbers first began in earnest.”

“I think that all industries have a similar problem. I would suggest that there will always be a ‘stack ‘em high sell ‘em cheap’ element, but there are still clients that demand an elevated level of service and will pay for that. It is very much a question of where owners direct their efforts. Our short industry history is littered with failures of one type, but not the other. Strange that. Have a great 2019 chaps!!”

Rental rates are seeing a downward pressure. This relates to new entries into the market and large players that are trying to buy market share. However, they will always struggle to provide a reasonable service.

“Shame the market leader - who is just about to get more dominant - is incapable of leading the industry. Their move into spider lifts is not good news.”

“Companies quoting £150 per week for a machine costing upwards of £30K?? For those of us that have gone through the same cycle many times, we all know where this is going to end.”

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33December/January 2019 cranes & access

Telescopic handler rental rates

Rate trendsin the past 12 months rental rates have:

2% (27%)

(2017 results)

The strong recovery in rental rates that began in 2016 picked up again last year said our respondents, with the number reporting a fall in rates significantly lower and in single digits. The main rate change is a rise at the bottom end with the higher discounters firming rates while those commanding premium rates reported a small fall. Surprisingly rates for compact machines appear to have slipped a little but this is likely to be more related to margin for error or simply the fact that more fleets now offer them. Utilisation appears to have remained high with at least one company reporting full utilisation.

Companies remain optimistic in spite of the current uncertainty. This may be down to the fact that telehandlers are being more widely used or the push for more housebuilding which tends to be a big user. Only a small proportion of respondents expect rates to drop - much will probably depend on the Brexit outcome.

36% (73%) 62%

(0%)

in the next 12 months rental rates will:

39% (51%)

51% (025%)

10% (24%)

Fleet sizein the past 12 months

rental rates have:

0% decrease

(0%)

(2017 results)

0% decrease

(0%)

in the next 12 months rental rates will:

As indicated by our respondents’ comments, most companies have continued to invest and expand their fleets, with almost three quarters of those surveyed planning to continue the expansion in 2019. No one is planning or forecasting a fleet reduction which bodes well for manufacturers.

11% (15%) 28%

(48%)

89% (85%)

72% (52%)

Decreased Stayed the same increased

2018 rental rate surveyc&a

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Lift height Average Lowest Highest Ideal

Under 5 metres 183 160 200 226

5 to 7 metres 188 170 225 301

8 to 10 metres 220 190 250 276

11 to 13 metres 252 210 260 347

14 to 15 metres 297 225 310 300

16 to 18 metres 360 290 400 505

Over 18 metres 553 550 600 691

Lift height Average Lowest Highest Ideal

Under 20 metres 992 725 1200 1,010

20 to 25 metres 1,197 1100 1500 1500

Over 25 metres 1,173 1500 2000 2209

up down same

Weekly rental rates for telehandlersFixed frame

360 degree

Utilisation and percentage on initial cost

360 degree

A slight increase in the number using third parties, mirroring what the crane rental companies reported.

Fixed frame

Who does your LOLER Thorough Examinations?

Third party In house

45% (39%)

55% (61%)

(2017 results)

Oddly the average age of the fleet increased slightly, possibly related to holding onto machines while focusing the investment on replacements? The oldest average age reported this year increased to 72 months from 48 months last year, hard to read anything into this apart from the respondent mix.

Average fleet age in years

Average Lowest Highest

4 (3.2) 2 (2) 6 (4)

Utilisation

Utilisation

Average rate as % of initial cost

Average rate as % of initial cost

Average Lowest Highest

Under 5 metres 82% 75% 100% 0.6%

5 to 7 metres 83% 80% 100% 0.5%

8 to 10 metres 81% 75% 100% 0.6%

11 to 13 metres 78% 70% 100% 0.8%

14 to 15 metres 93% 90% 100% 0.7%

16 to 18 metres 86% 75% 100% 0.8%

Over 18 metres 87% 75% 100% 0.9%

Average Lowest Highest

Under 20m 73% 70% 75% 0.7%

20- 25m 83% 80% 85% 0.8%

Over 25m 83% 80% 85% 0.8%

Lift height

Lift height

Most respondents got the idea introduced in last year’s survey, that they check any other activity, rather than one other, so naturally the numbers do not add up to 100 percent. Access remains the most popular additional product line, although many also do general rental.

What other products do you provide?Cranes Access General Plant Tools

5% (3%) 55% (49%) 35% (32%) 20% (29%)

Overall it looks as though the use of platforms on telehandlers is declining, although the numbers are not significant enough to draw any meaningful conclusions.

Type Average Lowest Highest

Fixed frame 4% 0% 25%

360 degree 28% 18% 30%

up down same

Percentage of units going out with work platform attachments:

From last year rates have gone

From last year rates have gone

Respondent’s comments“Rates have improved - at least up til year end, and residual values have continued to improve. Problem though is the cost or new machines... rates need to keep moving up.”

“There is plenty of work at the moment so everyone needs to keep a cool head - if they do we might see some proper returns!”

“As you can see our hire fleet of telehandlers have worked very hard this year and we have had some on re-hire as well. This should continue into 2019 as there is no sign of a let up in the demand.”

“Couple of players are gaining on the big boys and are offering a real alternative for the big users. Hewden collapse helped with that for sure but has been absorbed now so let’s hope that they don’t resort to going head to head with Ardent loosing its way and A-Plant feeling a bit more heat.”

“Good machines, good service, friendly staff and customers will pay a living rate.”

“Another good start to the year, bit slower start up to last year but good all the same.”

2018 rental rate survey c&a

34 cranes & access December/January 2019

Page 12: A Liebherr support crane - Vertikal.net · 200t/m14921200 1550 1800 300t/m19291600 2207 2313 Luffers Average Lowest Highest ideal Less than 70t/m 1132 913 1450 1183 100t/m17461500